Ukrainian national pleads guilty in Vermont hospital ransomware attack
The attack against the University of Vermont Medical Center in 2020 cost the hospital millions of dollars and limited operations for weeks.
Ascension posts $231M in quarterly operating income as labor costs come down
The Catholic health system attributed its results to increased patient volumes and successful cost-cutting initiatives.
No Surprises implementation created uptick in in-network claims: Fair Health
From the fourth quarter of 2021 to the first quarter of 2022, in-network care as a percentage of all national claim lines increased 2.3%, the nonprofit found.
Mass General Brigham’s investment income boosted Q1 earnings
But operating expenses — including increases in supply and wage costs — continued to pressure the nonprofit.
Insurers brace for continued Medicare Advantage medical costs
The big question coming out of the health insurance earnings season is how much elevated utilization among seniors will carry over into 2024.
Disputes over surprise billing continue to soar, new CMS data shows
Arbiters are mostly selecting the higher payment offer in billing dispute determinations. That suggests No Surprises could actually raise premiums for consumers, one health researcher said.
Telehealth services during pandemic largely compliant with Medicare, OIG finds
The latest audit from HHS’ Office of Inspector General comes as some Medicare flexibilities for telehealth are set to expire at the end of this year.
CommonSpirit trims operating losses in second quarter
The nonprofit improved net income but was still dogged by rising expenses in the quarter.
House subcommittee grills VA, Oracle over pharmacy issues amid EHR rollout
Some lawmakers questioned whether the new EHR deployment at a facility in North Chicago, Ill., should go ahead as scheduled next month.
Blue Cross of Louisiana halts sale to Elevance
It’s the latest setback for the $2.5 billion deal, which was proposed early last year but has struggled to close amid a lack of buy-in from state regulators.